Action Construction Equipment IPO GMP History
Action Construction Equipment IPO has been listed on September 26, 2006 at a listing price of ₹180, against the issue price of ₹130 — a gain of ₹50 (+38.46%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Action Construction Equipment IPO raised ₹59.8 Cr. through its IPO at a price band of ₹110 to ₹130 per share, with a lot size of 20 shares. The IPO was open for subscription from 01 Sep 2006 to 07 Sep 2006.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 12 Nov, 8:58 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| No GMP history available yet. | |||||
Action Construction Equipment IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 01 Sep 2006
- Close 07 Sep 2006
- Allotment TBA
- Refund/credit TBA
- Listing 26 Sep 2006
Action Construction Equipment IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹130 |
|---|---|
| Listing gain / loss | +₹50 per share |
| Listing date | 26 Sep, 2006 |
| Actual listing price | ₹180 (+38.46%) |
Is Action Construction Equipment IPO GMP reliable?
Grey market premium for Action Construction Equipment IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Action Construction Equipment IPO full review for a fundamentals-based assessment before making any grey market trades.
Action Construction Equipment IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Action Construction Equipment IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Action Construction Equipment IPO
Action Construction Equipment Limited was incorporated on 13 January 1995 as Action Construction Equipments Private Limited and became a public company on 4 October 2005. It was promoted by Vijay Agarwal and his wife Mona Agarwal, with Sorab Agarwal, Nilanjana Kishore and Anuradha Garg.
It began by making hydraulic mobile cranes of different capacities under the ACE brand at Faridabad, and later added mobile tower cranes and other construction equipment.
Its plant at Ballabgarh in Faridabad district, Haryana, could make 200 machines a month and was running at full capacity, with 184 employees making cranes. A new plant at Dudhaula and an assembly unit at Bazpur in Uttaranchal were planned.
The IPO was Rs 59.80 crore and was entirely a fresh issue at Rs 130, the top of the Rs 110 to Rs 130 band. The money was for a new plant for loaders and tower cranes, expansion, a joint venture with Tigieffe of Italy, a corporate office and R&D centre, and working capital.
Frequently asked
What is the GMP of Action Construction Equipment IPO?
The current Grey Market Premium (GMP) of Action Construction Equipment IPO is not yet started or active in the market.
What is the Kostak Price of Action Construction Equipment IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Action Construction Equipment IPO is not available.
What is the Subject to Sauda Price of Action Construction Equipment IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Action Construction Equipment IPO?
Action Construction Equipment IPO listed on September 26, 2006 at ₹180, against the issue price of ₹130 — a gain of +38.46%.
How did the GMP of Action Construction Equipment IPO trend before listing?
The GMP of Action Construction Equipment IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Action Construction Equipment IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
